Stock market today: Despite reporting strong Q1 results 2025 on Thursday, Bajaj Finance shares witnessed a heavy sell-off in the early morning session on Friday. Bajaj Finance share price opened with a downside gap and touched an intraday low of ₹900 apiece on the NSE within a few minutes of the Opening Bell. While hitting this intraday low, Bajaj Finance share price today lost over 5% against its Thursday’s close of ₹958.95 per share.
Speaking on Bajaj Finance Q1 results 2025, Seema Srivastava, Senior Research Analyst at SMC Glob al Securities, said, “Bajaj Finance delivered a robust financial performance, with consolidated net profit rising 22% YoY to ₹4,765 crore, driven by strong loan growth and a broad-based customer expansion. Consolidated revenue grew 21% to ₹19,524 crore, driven by a 22% rise in Net Interest Income (NII) to ₹10,227 crore and a 21% rise in net total income. ”
The SMC Global Securities expert said the NBFC booked 13.49 million new loans in the quarter, up 23% YoY, and expanded its customer base by 21% to 106.51 million. Assets under Management (AUM) grew by 25% YoY to ₹4.42 lakh crore, led by mortgages ( ₹1.36 lakh crore), urban B2C loans ( ₹92,333 crore), and MSME lending ( ₹52,538 crore). Moreover, the Two & Three-Wheeler Finance segment saw a 20% YoY AUM decline, while microfinance loans debuted at ₹1,556 crore.
On negatives that may have put doubts into the minds of investors, Seema Srivastava, who is a ratified CA also, said, “Asset quality saw some deterioration, with Gross and Net NPAs rising to 1.03% and 0.50%, respectively, from 0.86% and 0.38% a year ago. Stage 3 assets increased by ₹554 crore, driven partly by restructuring. Provisions rose 26% YoY to ₹2,120 crore, but early vintage performance showed improvement, barring MSMEs,” adding, “On the funding side, the cost of funds eased by 20 bps QoQ to 7.79%, with FY26 guidance of 7.60–7.65%. Deposits rose 15% YoY to ₹72,109 crore, forming 19% of borrowings, though reliance on deposits is being recalibrated.”
“Subsidiaries also performed well, with Bajaj Housing Finance and Bajaj Financial Securities reporting profit growth of 21% and 37%, respectively, reinforcing the group’s diversified strength,” Seema concluded.
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